India extends duty-free pea imports until year-end

Published 2024년 9월 14일

Tridge summary

The Indian government has extended the duty-free import permit for yellow peas until the end of the year. This decision aims to ensure stable supplies and maintain a balance between consumer and local producer interests. The permit applies to batches of legumes with bill of lading issued by December 31. This is an extension of a previous duty-free supply allowance that was in effect from December last year until March of this year, and later extended until October 31. Russia is one of the top three largest exporters of yellow peas to India, with two million tons imported in the first half of this year.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The Indian government has extended the duty-free import permit for yellow peas until December 31 of this year. This was reported by the Russian center for the development of agricultural exports (Agroexport, owned by the Ministry of Agriculture) with reference to a statement by the Indian Ministry of Trade and Industry. This decision applies to the import of all batches of legumes to the Asian country for which the bill of lading (a document on the carrier's responsibility for the delivery of cargo - ROSNG) was issued no later than this date. The extension of duty-free purchases in the center was explained by plans to ensure stable supplies of the crop to the Indian market and maintain a balance between the interests of consumers and local producers. India allowed duty-free supplies of yellow peas to its market in December last year until March of this year. It was expected that this measure would reduce ...
Source: Rosng

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